HM TREASURY T MO China and the global economy Sir nicholas stern 22 March 2005 2021220
2021/2/20 1 China and the Global Economy Sir Nicholas Stern 22 March 2005
Overview Globalisation: A historical Overview 2. China's role n Globalisation 3. Policy Challenges For China 4. China In The Global Economy 由点 AWRS HM TREASURY
Overview 1. Globalisation: A Historical Overview 2. China’s Role In Globalisation 3. Policy Challenges For China 4. China In The Global Economy
Three Phases of globalisation Percent Millions 40 Immigrants to the United States by decade, milions(right axis) Merchandise exports/world GDP (left axis) 10 Foreign capital stock/developing country GDP (left axis) 20 2 0 1870 1914 1950 1980 2000 Wave 1 Retreat Wave 2 Wave 3 Source: Globalization, Growth and Poverty: Building an Inclusive World Economy, World Bank(2002) 由点 OR HM TREASURY
Three Phases of Globalisation Source: Globalization, Growth and Poverty: Building an Inclusive World Economy; World Bank (2002)
Demography World Population 1820-2015 6 Less Developed Regions 4 More Developed Regions 1000 150016001700 1900195019802000 Source: Maddison and UN Population Division 点 HM TREASURY
Demography
Global gdP growth 1820 1950 X8 Source: Maddison (2001) 由点 OR HM TREASURY 2001X7
1820 1950 x8 2001 x7 Global GDP Growth Source: Maddison (2001)